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listing
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Single FamilySold
List Price $8,000,000
Sold Price $7,925,529
36700 Highway 1
Monterey, CA 93940
Listed by: Michele Altman from Sotheby's International Realty, 831-214-2545
MLS: MLSListings Inc.
3Beds
6Full3Half Baths
7,386Sq Ft
Est. Mortgage
$41,395/mo

Rocky Point is a magnificent, singular gem along the world-famous Monterey Peninsula coastline and is truly a world-class ocean front property. Located 10 miles south of Carmel along the scenic and beautiful Highway 1, Rocky Point Restaurant and its three apartments sit on 2.5 acres of coastal land at the edge of the Pacific Ocean which is currently zoned for commercial. The existing restaurant, the special liquor license, and all fixtures and equipment are included in the price. This could become your signature restaurant, club and lounge with retail shopping for the savvy business investor. Special Events & Corporate Retreats will be dazzled by the location. There are many opportunities and use choices with the mixed zoning, subject to the approval of Coastal Commission and County of Monterey. The property is a perfect place to enjoy breathtaking views as you sit on the spacious open deck or inside by the cozy fireplace while the ocean waves lap the shore below.

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Based on information from the MLSListings MLS as of 03/29/2024 06:12 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Sotheby's International Realty is subject to verification and is not guaranteed.
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